Japan Business Federation

Japan Business Federation

A trade association for Japanese businesses. It lobbies the government for favorable legislation and is considered one of the most politically conservative of Japanese business groups. It was established in its current form in 2002.

The 66-year-old Uchiyamada, who led the development of the Prius hybrid car in the 1990s, is also expected to become vice chairman of the Japan Business Federation, Japan's most influential business lobby known as Keidanren, in June.

The Japan Business Federation (Keidanren) is planning to name Uchiyamada as its vice chairman and intends to replace its present vice chairman, Katsuaki Watanabe, who now serves as a senior adviser to Toyota.

In his first meeting with members of the Japan Business Federation known as Keidanren, Abe also said his government wants to introduce inflation targeting with the Bank of Japan to achieve an annual inflation rate of 2 percent, aimed at helping to weaken the yen and lift stocks, a Keidanren official said.

Hiromasa Yonekura, chairman of the Japan Business Federation or Keidanren, which represents Japan's largest companies, released a statement Saturday saying, "We welcome the government decision based on the effort to ensure safety and support from local municipalities.

t the Government's request, the Japan Business Federation, known as Nippon Keidanren, will consider plans to save power by industries at its first special committee meeting on quake disaster reconstruction to be held on Thursday.

If the government in Tokyo doesn't act fast to come on board, "Japan will be left out as an orphan in the world," the chairman of the Japan Business Federation, or Keidanren, Hiromasa Yonekura, warned.

Fujio Mitarai, chairman of the Japan Business Federation, or Nippon Keidanren, on Thursday told Chief Cabinet Secretary Shinzo Abe that China earnestly hopes to cooperate with Japan in the fields of environmental protection and energy conservation, and that the Japanese business community also hopes for such cooperation, government officials said.

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